1241 michigan, bay city, MI 48708

Turnkey mixed-use opportunity in the heart of Bay City?perfect for investors seeking strong monthly cash flow or owner-occupants who want their business space paid for by tenants. This 4-unit property features two residential apartments and two commercial storefronts. The upper residential unit is a 2 bed, 1bathcurrently rented at $1,100/month and has been updated with new flooring and fresh paint. The lower residential unit is a 1 bed, 1 bath rented at $500/month to a long-term, reliable tenant. Both provide immediate, stable income from day one. The two commercial units?a salon and an office?are vacant and ready for occupancy or lease. Each has been recently refreshed with new flooring and fresh paint and could easily rent for around $1,000 per month each. For investors, this is a clear path to strong cash flow with upside as you bring the commercial spaces online. For owner-occupants, this is the ideal ?house hack? on a commercial scale: operate your business in the salon or office and let the other three units cover your mortgage and expenses?potentially giving you a space for your business for free. Whether your goal is steady income, long-term appreciation, or a live/work setup that pays for itself, this property offers flexibility, upside, and immediate returns. Do not disturb residential tenants. To schedule a showing for residential units please contact listing agent directly.

Listing Courtesy of: Taylor Cobb of HOMEFLO

Information provided by Saginaw Board of REALTORS^® Listing information provided courtesy of the Saginaw Board of REALTORS^®. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.

This listing last updated: Fri, May 08, 2026 at 2:27:33 PM EDT

SBR Listing Data Last Updated on Sat, May 30 2026 at 8:43pm